Income boost for local fundraising

Local fundraising has been the channel that has seen the biggest increase in charitable income, according to research from the Institute of Fundraising.

The institute’s Fundratios benchmarking survey shows income from local fundraising has risen by 17 per cent during 2005 to 2006, making it the third largest source of income, representing 11 per cent of the total voluntary donations to charities.

Legacies remain the greatest single source of voluntary income, at 40 per cent, and have also increased by 4.6 per cent in the same period. It remains ahead of committed giving, which covers methods such as Direct Debit and payroll giving, at 21 per cent.

Megan Pacey, director of policy and campaigns at the Institute of Fundraising, said: “Unlike the Republic of Ireland, where much fundraising is done at community level, this is relatively new territory for UK charities.”

Fundratios analyses the fundraising income and expenditure of 37 charities with a combined voluntary income of £847m.

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